Supermax Corporation Bhd
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Quick analysis of Supermax Corporation Bhd (30 sec.)

1. Valuation of Supermax Corporation Bhd (5 min.)

Live pricePrice per share (EOD)

RM0.93

Book Value per Share

RM1.79

2. Growth of Supermax Corporation Bhd (5 min.)

Is Supermax Corporation Bhd growing?

	Current year	Previous year	Grow	Grow %
How rich?	$1b	$1b	-$25.5m	-2.4%

How much money is Supermax Corporation Bhd making?

	Current year	Previous year	Grow	Grow %
Making money	-$7.1m	$90.8m	-$97.9m	?
Net Profit Margin	-19.9%	26.9%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Supermax Corporation Bhd (5 min.)

4. Comparing to competitors in the Medical Instruments & Supplies industry (5 min.)

Industry Rankings (Medical Instruments & Supplies)

Fundamentals of Supermax Corporation Bhd

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating very inefficient.
The company is very efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

1.1. Profitability of Supermax Corporation Bhd.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Supermax Corporation Bhd earns for each RM1 of revenue.

Above 10% is considered healthy but always compare Supermax Corporation Bhd to the Medical Instruments & Supplies industry mean.
A Net Profit Margin of -24.9% means that RM-0.25 for each RM1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Supermax Corporation Bhd:

The MRQ is -24.9%. The company is making a huge loss. -2
The TTM is -19.9%. The company is making a huge loss. -2

Trends

Current period		Compared to		+/-
MRQ	-24.9%	TTM	-19.9%	-5.0%
TTM	-19.9%	YOY	26.9%	-46.8%
TTM	-19.9%	5Y	15.0%	-34.9%
5Y	15.0%	10Y	12.5%	+2.5%

Compared to industry (Medical Instruments & Supplies)

Period	Company	Industry (mean)	+/-
MRQ	-24.9%	6.9%	-31.8%
TTM	-19.9%	5.2%	-25.1%
YOY	26.9%	9.9%	+17.0%
5Y	15.0%	7.3%	+7.7%
10Y	12.5%	7.5%	+5.0%

Measures how much net profit Supermax Corporation Bhd earns for each RM1 of revenue.

Revenue is the amount of profit Supermax Corporation Bhd generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you RM3. The company does not earn RM3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is RM1.5.

The RM3 you pay for a cup of coffee is called revenue.
The RM1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Supermax Corporation Bhd earns for each RM1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Supermax Corporation Bhd to the Medical Instruments & Supplies industry mean.
Can be used to compare companies within the Medical Instruments & Supplies industry.

You typically want a high profit margin. This means that for each RM1 in sales, Supermax Corporation Bhd makes more profit. This shows the investor how efficiently Supermax Corporation Bhd is operating in general and compared to other companies in the same industry. Supermax Corporation Bhd operates in the Medical Instruments & Supplies industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Supermax Corporation Bhd. If profit margins remain low (compared to the Medical Instruments & Supplies industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Supermax Corporation Bhd is -0.25. This means that Supermax Corporation Bhd earned RM-0.25 for each RM1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Medical Instruments & Supplies industry is 6.9%.
What is the trend?
The trend is important because it shows you how Supermax Corporation Bhd is performing over time. The most recent quarter might be important if Supermax Corporation Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Supermax Corporation Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Supermax Corporation Bhd with other companies in the same industry (Medical Instruments & Supplies).
Net profit margin should rise over the years.
Can be influenced when Supermax Corporation Bhd sells assets (profit will increase while costs remain the same).
It won’t show what part of Supermax Corporation Bhd is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Supermax Corporation Bhd

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Supermax Corporation Bhd = -43,793
Total revenue MRQ Supermax Corporation Bhd = 175,742
RM-43,793 / RM175,742 = -0.25 or -24.9%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Supermax Corporation Bhd is using its assets to generate profit.

Above 5% is considered healthy but always compare Supermax Corporation Bhd to the Medical Instruments & Supplies industry mean.
-0.9% Return on Assets means that Supermax Corporation Bhd generated RM-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Supermax Corporation Bhd:

The MRQ is -0.9%. Using its assets, the company is very inefficient in making profit. -2
The TTM is -0.6%. Using its assets, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-0.9%	TTM	-0.6%	-0.2%
TTM	-0.6%	YOY	5.8%	-6.4%
TTM	-0.6%	5Y	4.8%	-5.4%
5Y	4.8%	10Y	3.3%	+1.5%

Compared to industry (Medical Instruments & Supplies)

Period	Company	Industry (mean)	+/-
MRQ	-0.9%	1.3%	-2.2%
TTM	-0.6%	1.4%	-2.0%
YOY	5.8%	1.8%	+4.0%
5Y	4.8%	1.7%	+3.1%
10Y	3.3%	1.5%	+1.8%

Shows how efficient Supermax Corporation Bhd is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Supermax Corporation Bhd to the Medical Instruments & Supplies industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Supermax Corporation Bhd is using its resources to generate profit. If the return on assets (-0.9%) from Supermax Corporation Bhd are higher than the Medical Instruments & Supplies mean (1.3%) that means Supermax Corporation Bhd is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Supermax Corporation Bhd is -0.9%. This means the company generated RM-0.01 for each RM1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Medical Instruments & Supplies industry is 1.3%.
What is the trend?
The trend is important because it shows you how Supermax Corporation Bhd is performing over time. The most recent quarter might be important if Supermax Corporation Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Supermax Corporation Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Supermax Corporation Bhd

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Supermax Corporation Bhd = -43,793
Total assets MRQ (balance sheet) from Supermax Corporation Bhd = 5,114,883
-43,793 / 5,114,883 = -0.01 or -0.9%

ROA is an important ratio as it will tell you how effectively Supermax Corporation Bhd is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Supermax Corporation Bhd is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Supermax Corporation Bhd to the Medical Instruments & Supplies industry mean.
-0.9% Return on Equity means Supermax Corporation Bhd generated RM-0.01 for each RM1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Supermax Corporation Bhd:

The MRQ is -0.9%. Using its investors money, the company is very inefficient in making profit. -2
The TTM is -0.7%. Using its investors money, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-0.9%	TTM	-0.7%	-0.2%
TTM	-0.7%	YOY	8.6%	-9.3%
TTM	-0.7%	5Y	8.7%	-9.4%
5Y	8.7%	10Y	5.7%	+2.9%

Compared to industry (Medical Instruments & Supplies)

Period	Company	Industry (mean)	+/-
MRQ	-0.9%	2.7%	-3.6%
TTM	-0.7%	2.8%	-3.5%
YOY	8.6%	3.4%	+5.2%
5Y	8.7%	3.1%	+5.6%
10Y	5.7%	2.8%	+2.9%

Shows how efficient Supermax Corporation Bhd is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Supermax Corporation Bhd to the Medical Instruments & Supplies industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Medical Instruments & Supplies industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Supermax Corporation Bhd is -0.9%. This means Supermax Corporation Bhd generated RM-0.01 for each RM1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Medical Instruments & Supplies industry is 2.7%.
What is the trend?
The trend is important because it shows you how Supermax Corporation Bhd is performing over time. The most recent quarter might be important if Supermax Corporation Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Supermax Corporation Bhd up to 10 years back (depending if Supermax Corporation Bhd existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Supermax Corporation Bhd

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Supermax Corporation Bhd = -43,793
Shareholders equity (balance sheet) MRQ Supermax Corporation Bhd = 4,631,332
-43,793 / 4,631,332 = -0.01 or -0.9%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Supermax Corporation Bhd.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Supermax Corporation Bhd is operating .

Measures how much profit Supermax Corporation Bhd makes for each RM1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Supermax Corporation Bhd to the Medical Instruments & Supplies industry mean.
An Operating Margin of -39.5% means the company generated RM-0.40 for each RM1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Supermax Corporation Bhd:

The MRQ is -39.5%. The company is operating very inefficient. -2
The TTM is -16.2%. The company is operating very inefficient. -2

Trends

Current period		Compared to		+/-
MRQ	-39.5%	TTM	-16.2%	-23.3%
TTM	-16.2%	YOY	1.1%	-17.3%
TTM	-16.2%	5Y	9.3%	-25.6%
5Y	9.3%	10Y	6.3%	+3.0%

Compared to industry (Medical Instruments & Supplies)

Period	Company	Industry (mean)	+/-
MRQ	-39.5%	5.7%	-45.2%
TTM	-16.2%	7.3%	-23.5%
YOY	1.1%	12.5%	-11.4%
5Y	9.3%	10.0%	-0.7%
10Y	6.3%	8.7%	-2.4%

Measures how efficient Supermax Corporation Bhd is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Supermax Corporation Bhd to the Medical Instruments & Supplies industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Supermax Corporation Bhd is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Supermax Corporation Bhd is -39.5%. This means that Supermax Corporation Bhd earned RM-0.40 for each RM1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Medical Instruments & Supplies industry is 5.7%.
What is the trend?
The trend is important because it shows you how Supermax Corporation Bhd is performing over time. The most recent quarter might be important if Supermax Corporation Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Supermax Corporation Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Supermax Corporation Bhd

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Supermax Corporation Bhd = -69,429
Total revenue MRQ Supermax Corporation Bhd = 175,742
RM-69,429 / RM175,742 = -0.40 or -39.5%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Supermax Corporation Bhd is keeping operating costs low.

Below 1 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
An Operation Ratio of 1.41 means that the operating costs are RM1.41 for each RM1 in net sales.

Let's take a look of the Operating Ratio trends of Supermax Corporation Bhd:

The MRQ is 1.410. The company is inefficient in keeping operating costs low. -1
The TTM is 0.220. The company is very efficient in keeping operating costs low. +2

Trends

Current period		Compared to		+/-
MRQ	1.410	TTM	0.220	+1.191
TTM	0.220	YOY	0.399	-0.179
TTM	0.220	5Y	0.363	-0.143
5Y	0.363	10Y	0.530	-0.167

Compared to industry (Medical Instruments & Supplies)

Period	Company	Industry (mean)	+/-
MRQ	1.410	1.190	+0.220
TTM	0.220	1.211	-0.991
YOY	0.399	1.082	-0.683
5Y	0.363	1.150	-0.787
10Y	0.530	1.067	-0.537

Measures how efficient Supermax Corporation Bhd is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Supermax Corporation Bhd to the Medical Instruments & Supplies industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Supermax Corporation Bhd is 141.0%. This means that Supermax Corporation Bhd earned RM1.41 for each RM1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Medical Instruments & Supplies industry is 1.19.
What is the trend?
The trend is important because it shows you how Supermax Corporation Bhd is performing over time. The most recent quarter might be important if Supermax Corporation Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Supermax Corporation Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Supermax Corporation Bhd

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
( +247,831) \ 175,742 = 1.41

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Supermax Corporation Bhd.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Supermax Corporation Bhd is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
A Current Ratio of 8.91 means the company has RM8.91 in assets for each RM1 in short-term debts.

Let's take a look of the Current Ratio trends of Supermax Corporation Bhd:

The MRQ is 8.908. The company is very able to pay all its short-term debts. +2
The TTM is 6.260. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	8.908	TTM	6.260	+2.648
TTM	6.260	YOY	3.892	+2.368
TTM	6.260	5Y	2.770	+3.490
5Y	2.770	10Y	2.160	+0.610

Compared to industry (Medical Instruments & Supplies)

Period	Company	Industry (mean)	+/-
MRQ	8.908	2.563	+6.345
TTM	6.260	2.595	+3.665
YOY	3.892	2.461	+1.431
5Y	2.770	2.533	+0.237
10Y	2.160	2.457	-0.297

Measures if Supermax Corporation Bhd is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Supermax Corporation Bhd if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Supermax Corporation Bhd is 8.91. This means Supermax Corporation Bhd has RM8.91 in assets for each RM1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Medical Instruments & Supplies industry is 2.56.
What is the trend?
The trend is important because it shows you how Supermax Corporation Bhd is performing over time. The most recent quarter might be important if Supermax Corporation Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Supermax Corporation Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Supermax Corporation Bhd

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
2,889,282 \ 324,354) = 8.91

The current ratio measures if Supermax Corporation Bhd is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Supermax Corporation Bhd is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Supermax Corporation Bhd does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Supermax Corporation Bhd is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Supermax Corporation Bhd is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Supermax Corporation Bhd to the Medical Instruments & Supplies industry mean.
A Quick Ratio of 7.28 means the company can pay off RM7.28 for each RM1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Supermax Corporation Bhd:

The MRQ is 7.279. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 5.057. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	7.279	TTM	5.057	+2.222
TTM	5.057	YOY	3.054	+2.003
TTM	5.057	5Y	2.055	+3.001
5Y	2.055	10Y	1.301	+0.754

Compared to industry (Medical Instruments & Supplies)

Period	Company	Industry (mean)	+/-
MRQ	7.279	1.114	+6.165
TTM	5.057	1.133	+3.924
YOY	3.054	1.283	+1.771
5Y	2.055	1.255	+0.800
10Y	1.301	1.401	-0.100

Measures if Supermax Corporation Bhd is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Supermax Corporation Bhd to the Medical Instruments & Supplies industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Supermax Corporation Bhd can pay off its short term debts. This shows if Supermax Corporation Bhd can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Supermax Corporation Bhd is 7.28. This means that Supermax Corporation Bhd can pay off RM7.28 for each RM1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Medical Instruments & Supplies industry is 1.11.
What is the trend?
The trend is important because it shows you how Supermax Corporation Bhd is performing over time. The most recent quarter might be important if Supermax Corporation Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Supermax Corporation Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Supermax Corporation Bhd

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Supermax Corporation Bhd: (2,311,819 + +49,033) / 324,354 = 7.28

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Supermax Corporation Bhd.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Supermax Corporation Bhd assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Supermax Corporation Bhd to Medical Instruments & Supplies industry mean.
A Debt to Asset Ratio of 0.07 means that Supermax Corporation Bhd assets are financed with 7.5% credit (debt) and the remaining percentage (100% - 7.5%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Supermax Corporation Bhd:

The MRQ is 0.075. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.125. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.075	TTM	0.125	-0.050
TTM	0.125	YOY	0.232	-0.107
TTM	0.125	5Y	0.323	-0.198
5Y	0.323	10Y	0.342	-0.019

Compared to industry (Medical Instruments & Supplies)

Period	Company	Industry (mean)	+/-
MRQ	0.075	0.360	-0.285
TTM	0.125	0.349	-0.224
YOY	0.232	0.344	-0.112
5Y	0.323	0.370	-0.047
10Y	0.342	0.379	-0.037

Measures how much % of Supermax Corporation Bhd assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Supermax Corporation Bhd than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Supermax Corporation Bhd to Medical Instruments & Supplies industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Supermax Corporation Bhd is 0.07. This means means that Supermax Corporation Bhd is financed with 7.5% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Medical Instruments & Supplies industry is 256.3%.
What is the trend?
The trend is important because it shows you how Supermax Corporation Bhd is performing over time. The most recent quarter might be important if Supermax Corporation Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Supermax Corporation Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Supermax Corporation Bhd has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Supermax Corporation Bhd

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
381,555 \ 5,114,883 = 7.5% or 0.07.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Supermax Corporation Bhd is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Supermax Corporation Bhd to the Medical Instruments & Supplies industry mean.
A Debt to Equity ratio of 8.2% means that company has RM0.08 debt for each RM1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Supermax Corporation Bhd:

The MRQ is 0.082. The company is very able to pay all its debts with equity. +2
The TTM is 0.148. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.082	TTM	0.148	-0.066
TTM	0.148	YOY	0.324	-0.175
TTM	0.148	5Y	0.541	-0.392
5Y	0.541	10Y	0.555	-0.014

Compared to industry (Medical Instruments & Supplies)

Period	Company	Industry (mean)	+/-
MRQ	0.082	0.545	-0.463
TTM	0.148	0.532	-0.384
YOY	0.324	0.491	-0.167
5Y	0.541	0.676	-0.135
10Y	0.555	0.651	-0.096

Measures if Supermax Corporation Bhd is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Supermax Corporation Bhd is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Supermax Corporation Bhd is 0.08. This means that Supermax Corporation Bhd can pay off RM0.08 for each RM1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Medical Instruments & Supplies industry is 0.55.
What is the trend?
The trend is important because it shows you how Supermax Corporation Bhd is performing over time. The most recent quarter might be important if Supermax Corporation Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Supermax Corporation Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Supermax Corporation Bhd

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
381,555 \ 4,631,332 = 0.08 or 8.2%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Supermax Corporation Bhd

2. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every RM1 in earnings Supermax Corporation Bhd generates.

Above 15 is considered overpriced but always compare Supermax Corporation Bhd to the Medical Instruments & Supplies industry mean.
A PE ratio of -61.41 means the investor is paying RM-61.41 for every RM1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Supermax Corporation Bhd:

The EOD is -61.414. Company is losing money. -2
The MRQ is -61.414. Company is losing money. -2
The TTM is 87.484. Neutral. Compare to industry.

Trends

Current period		Compared to		+/-
EOD	-61.414	MRQ	-61.414	0.000
MRQ	-61.414	TTM	87.484	-148.898
TTM	87.484	YOY	84.705	+2.779
TTM	87.484	5Y	166.653	-79.169
5Y	166.653	10Y	232.615	-65.962

Compared to industry (Medical Instruments & Supplies)

Period	Company	Industry (mean)	+/-
EOD	-61.414	28.787	-90.201
MRQ	-61.414	33.852	-95.266
TTM	87.484	32.033	+55.451
YOY	84.705	47.765	+36.940
5Y	166.653	34.213	+132.440
10Y	232.615	43.971	+188.644

Measures how much money you pay for each share for every RM1 in earnings Supermax Corporation Bhd generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Supermax Corporation Bhd to the Medical Instruments & Supplies industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Supermax Corporation Bhd is -61.41. This means the investor is paying RM-61.41 for every RM1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Medical Instruments & Supplies industry is 33.85.
What is the trend?
The trend is important because it shows you how Supermax Corporation Bhd is performing over time. The most recent quarter might be important if Supermax Corporation Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Supermax Corporation Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Supermax Corporation Bhd

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
-39,918 \ 2,650,316 = EPS
PE ratio MRQ = -61.41

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Supermax Corporation Bhd.

Lower is better.
A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of Supermax Corporation Bhd:

The MRQ is -37.672. Very Bad. -2
The TTM is 282.021. Seems overpriced? -1

Trends

Current period		Compared to		+/-
MRQ	-37.672	TTM	282.021	-319.693
TTM	282.021	YOY	489.586	-207.565
TTM	282.021	5Y	433.201	-151.180
5Y	433.201	10Y	465.017	-31.816

Compared to industry (Medical Instruments & Supplies)

Period	Company	Industry (mean)	+/-
MRQ	-37.672	37.885	-75.557
TTM	282.021	52.411	+229.610
YOY	489.586	66.569	+423.017
5Y	433.201	115.014	+318.187
10Y	465.017	125.747	+339.270

PEG Ratio	Meaning
0.5	You can buy the stock cheap based on future growth
1	You pay a fair price based on future growth
2	The stock is overpriced based on future growth

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Supermax Corporation Bhd is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
A PB ratio of 0.52 means the investor is paying RM0.52 for each RM1 in book value.

Let's take a look of the Price to Book Ratio trends of Supermax Corporation Bhd:

The EOD is 0.518. Very good. +2
The MRQ is 0.518. Very good. +2
The TTM is 0.453. Very good. +2

Trends

Current period		Compared to		+/-
EOD	0.518	MRQ	0.518	0.000
MRQ	0.518	TTM	0.453	+0.065
TTM	0.453	YOY	1.109	-0.656
TTM	0.453	5Y	4.302	-3.849
5Y	4.302	10Y	5.379	-1.077

Compared to industry (Medical Instruments & Supplies)

Period	Company	Industry (mean)	+/-
EOD	0.518	2.720	-2.202
MRQ	0.518	2.600	-2.082
TTM	0.453	2.822	-2.369
YOY	1.109	4.204	-3.095
5Y	4.302	3.810	+0.492
10Y	5.379	4.213	+1.166

2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Supermax Corporation Bhd compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	-0.020	-0.028	+40%	0.079	-125%	0.070	-128%	0.038	-152%
Book Value Growth	-	-	0.988	0.986	+0%	1.045	-5%	1.085	-9%	1.050	-6%
Book Value Per Share	-	-	1.786	1.850	-3%	1.892	-6%	1.119	+60%	0.742	+141%
Book Value Per Share Growth	-	-	0.989	0.985	+0%	1.049	-6%	1.090	-9%	1.053	-6%
Current Ratio	-	-	8.908	6.260	+42%	3.892	+129%	2.770	+222%	2.160	+312%
Debt To Asset Ratio	-	-	0.075	0.125	-40%	0.232	-68%	0.323	-77%	0.342	-78%
Debt To Equity Ratio	-	-	0.082	0.148	-44%	0.324	-75%	0.541	-85%	0.555	-85%
Dividend Per Share	-	-	0.041	0.020	+109%	0.086	-52%	0.024	+74%	0.014	+203%
Dividend Per Share Growth	-	-	22.375	5.848	+283%	218.904	-90%	1714.225	-99%	2681.371	-99%
Eps	-	-	-0.015	-0.012	-23%	0.155	-110%	0.094	-116%	0.052	-129%
Eps Growth	-	-	1.630	-3.891	+339%	0.491	+232%	0.401	+307%	0.805	+102%
Free Cash Flow Per Share	-	-	-0.071	-0.040	-43%	0.003	-2502%	0.071	-199%	0.038	-286%
Free Cash Flow Per Share Growth	-	-	0.652	-1.090	+267%	-1.594	+344%	3.560	-82%	2.212	-71%
Free Cash Flow To Equity Per Share	-	-	-0.125	-0.074	-41%	-0.097	-23%	0.035	-461%	0.018	-793%
Free Cash Flow To Equity Per Share Growth	-	-	0.385	0.677	-43%	-0.157	+141%	1.534	-75%	-0.063	+116%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	3.027	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-4.835	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	0.438	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-0.218	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	1.214	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-0.889	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	1.866	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-1.813	-	-	-	-	-	-	-	-
Net Profit Margin	-	-	-0.249	-0.199	-20%	0.269	-193%	0.150	-266%	0.125	-300%
Operating Margin	-	-	-0.395	-0.162	-59%	0.011	-3753%	0.093	-523%	0.063	-727%
Operating Ratio	-	-	1.410	0.220	+542%	0.399	+254%	0.363	+289%	0.530	+166%
Pb Ratio	0.518	0%	0.518	0.453	+14%	1.109	-53%	4.302	-88%	5.379	-90%
Pe Ratio	-61.414	0%	-61.414	87.484	-170%	84.705	-173%	166.653	-137%	232.615	-126%
Peg Ratio	-	-	-37.672	282.021	-113%	489.586	-108%	433.201	-109%	465.017	-108%
Price Per Share	0.925	0%	0.925	0.836	+11%	2.085	-56%	2.832	-67%	2.542	-64%
Price To Total Gains Ratio	43.087	0%	43.087	-44.962	+204%	36.618	+18%	4.010	+975%	52.695	-18%
Profit Growth	-	-	1.603	-5.260	+428%	0.492	+226%	0.122	+1218%	0.660	+143%
Quick Ratio	-	-	7.279	5.057	+44%	3.054	+138%	2.055	+254%	1.301	+459%
Return On Assets	-	-	-0.009	-0.006	-28%	0.058	-115%	0.048	-118%	0.033	-126%
Return On Equity	-	-	-0.009	-0.007	-25%	0.086	-111%	0.087	-111%	0.057	-117%
Revenue Growth	-	-	1.005	0.818	+23%	0.721	+40%	1.025	-2%	1.035	-3%
Total Gains Per Share	-	-	0.021	-0.008	+138%	0.165	-87%	0.094	-77%	0.052	-59%
Total Gains Per Share Growth	-	-	2.233	-6.602	+396%	0.833	+168%	0.151	+1382%	1.976	+13%
Usd Book Value	-	-	1034705500.800	1071792117.738	-3%	1097384111.588	-6%	655918845.388	+58%	443239820.347	+133%
Usd Book Value Change Per Share	-	-	-0.004	-0.006	+40%	0.017	-125%	0.015	-128%	0.008	-152%
Usd Book Value Per Share	-	-	0.390	0.404	-3%	0.414	-6%	0.245	+60%	0.162	+141%
Usd Dividend Per Share	-	-	0.009	0.004	+109%	0.019	-52%	0.005	+74%	0.003	+203%
Usd Eps	-	-	-0.003	-0.003	-23%	0.034	-110%	0.020	-116%	0.011	-129%
Usd Free Cash Flow	-	-	-40982690.800	-23403111.172	-43%	1923678.634	-2230%	42417820.720	-197%	22112175.206	-285%
Usd Free Cash Flow Per Share	-	-	-0.015	-0.009	-43%	0.001	-2502%	0.016	-199%	0.008	-286%
Usd Free Cash Flow To Equity Per Share	-	-	-0.027	-0.016	-41%	-0.021	-23%	0.008	-461%	0.004	-793%
Usd Price Per Share	0.202	0%	0.202	0.183	+11%	0.456	-56%	0.619	-67%	0.556	-64%
Usd Profit	-	-	-9573149.800	-7110654.137	-26%	90822863.363	-111%	55127945.477	-117%	31039500.688	-131%
Usd Revenue	-	-	38417201.200	49114892.248	-22%	232945049.645	-84%	157931126.097	-76%	109644155.158	-65%
Usd Total Gains Per Share	-	-	0.005	-0.002	+138%	0.036	-87%	0.021	-77%	0.011	-59%
	EOD	+0 -0	MRQ	TTM	+22 -20	YOY	+15 -27	5Y	+17 -25	10Y	+17 -25

3.2. Fundamental Score

Let's check the fundamental score of Supermax Corporation Bhd based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	-61.414
Price to Book Ratio (EOD)	Between	0-1	0.518
Net Profit Margin (MRQ)	Greater than	0	-0.249
Operating Margin (MRQ)	Greater than	0	-0.395
Quick Ratio (MRQ)	Greater than	1	7.279
Current Ratio (MRQ)	Greater than	1	8.908
Debt to Asset Ratio (MRQ)	Less than	1	0.075
Debt to Equity Ratio (MRQ)	Less than	1	0.082
Return on Equity (MRQ)	Greater than	0.15	-0.009
Return on Assets (MRQ)	Greater than	0.05	-0.009
Total			5/10 (50.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

3.3. Technical Score

Let's check the technical score of Supermax Corporation Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	45.634
Ma 20	Greater than	Ma 50	0.954
Ma 50	Greater than	Ma 100	0.940
Ma 100	Greater than	Ma 200	0.877
Open	Greater than	Close	0.945
Total			4/5 (80.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

		2022-03-31		2022-06-30		2022-09-30		2022-12-31		2023-03-31
Tax Provision		2,470	-2,373	97	1,478	1,575	3,999	5,574	-36,757	-31,183
Income Tax Expense		2,470	-2,373	97	1,478	1,575	3,999	5,574	-36,757	-31,183

Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in MYR. All numbers in thousands.

Summary

Total Assets	5,114,883
Total Liabilities	381,555
Total Stockholder Equity	4,631,332

	As reported
Total Liabilities	381,555
Total Stockholder Equity	+ 4,631,332
Total Assets	= 5,114,883

Assets

Total Assets	5,114,883
Total Current Assets	2,889,282
Long-term Assets	2,889,282

Total Current Assets

Total Current Assets (as reported)	2,889,282
Cash And Cash Equivalents	2,311,819
Net Receivables	49,033
Inventory	182,902
Total Current Assets (calculated)	2,543,754
+/-	345,528

Long-term Assets

Long-term Assets (as reported)	2,225,601
Property Plant Equipment	1,996,709
Long-term Assets Other	200,990
Long-term Assets (calculated)	2,197,699
+/-	27,902

Liabilities & Shareholders' Equity

Total Current Liabilities	324,354
Long-term Liabilities	57,201
Total Stockholder Equity	4,631,332

Total Current Liabilities

Total Current Liabilities (as reported)	324,354
Short-term Debt	68,477
Short Long Term Debt	68,477
Accounts payable	145,701
Other Current Liabilities	110,176
Total Current Liabilities (calculated)	392,831
+/-	68,477

Long-term Liabilities

Long-term Liabilities (as reported)	57,201
Long term Debt	21,458
Long-term Liabilities (calculated)	21,458
+/-	35,743

Total Stockholder Equity

Total Stockholder Equity (as reported)	4,631,332
Common Stock	340,077
Retained Earnings	4,416,611
Other Stockholders Equity	-125,356
Total Stockholder Equity (calculated)	4,631,332
+/-	0

Other

Capital Stock	340,077
Cash and Short Term Investments	2,311,819
Common Stock Shares Outstanding	2,650,316
Liabilities and Stockholders Equity	5,114,883
Net Debt	-2,221,884
Net Invested Capital	4,721,267
Net Working Capital	2,564,928
Short Long Term Debt Total	89,935

Balance Sheet

Currency in MYR. All numbers in thousands.

Trend

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

> Total Assets

1,219,657
1,239,457
1,243,821
1,254,079
1,289,974
1,291,168
1,369,493
1,369,735
1,406,217
1,434,626
1,442,291
1,473,118
1,469,344
1,577,737
1,697,548
1,638,450
1,621,773
1,693,955
1,721,642
1,752,861
1,789,949
1,749,713
1,744,664
1,753,855
1,699,667
1,753,164
1,818,458
1,774,715
1,842,708
1,914,824
1,942,860
2,029,930
3,204,390
4,653,793
6,113,183
7,052,296
7,394,165
7,013,304
6,065,569
5,903,609
5,956,958
5,886,663
5,494,958
5,114,883

5,114,883

5,494,958

5,886,663

5,956,958

5,903,609

6,065,569

7,013,304

7,394,165

7,052,296

6,113,183

4,653,793

3,204,390

2,029,930

1,942,860

1,914,824

1,842,708

1,774,715

1,818,458

1,753,164

1,699,667

1,753,855

1,744,664

1,749,713

1,789,949

1,752,861

1,721,642

1,693,955

1,621,773

1,638,450

1,697,548

1,577,737

1,469,344

1,473,118

1,442,291

1,434,626

1,406,217

1,369,735

1,369,493

1,291,168

1,289,974

1,254,079

1,243,821

1,239,457

1,219,657

> Total Current Assets

522,739
532,934
523,976
563,617
584,283
595,890
679,439
596,642
537,503
539,436
527,103
554,294
545,296
638,616
676,118
623,808
591,314
582,998
586,347
598,844
638,574
594,004
592,147
592,782
572,089
607,291
659,095
588,098
635,712
682,201
635,254
680,895
1,913,724
3,239,470
4,576,722
5,409,980
5,654,887
5,325,637
4,359,790
4,152,361
3,984,893
3,865,731
3,436,729
2,889,282

2,889,282

3,436,729

3,865,731

3,984,893

4,152,361

4,359,790

5,325,637

5,654,887

5,409,980

4,576,722

3,239,470

1,913,724

680,895

635,254

682,201

635,712

588,098

659,095

607,291

572,089

592,782

592,147

594,004

638,574

598,844

586,347

582,998

591,314

623,808

676,118

638,616

545,296

554,294

527,103

539,436

537,503

596,642

679,439

595,890

584,283

563,617

523,976

532,934

522,739

Cash And Cash Equivalents

107,838
101,780
129,902
122,863
122,257
146,856
185,781
167,130
123,315
147,302
129,879
131,932
116,286
194,939
181,027
135,098
143,136
136,870
102,481
149,260
156,088
150,220
154,701
144,002
145,170
125,644
148,352
137,444
173,814
188,742
157,988
218,365
1,186,190
2,356,130
3,699,445
3,986,248
3,776,084
3,519,390
3,392,150
2,970,579
3,028,690
2,943,741
2,613,313
2,311,819

2,311,819

2,613,313

2,943,741

3,028,690

2,970,579

3,392,150

3,519,390

3,776,084

3,986,248

3,699,445

2,356,130

1,186,190

218,365

157,988

188,742

173,814

137,444

148,352

125,644

145,170

144,002

154,701

150,220

156,088

149,260

102,481

136,870

143,136

135,098

181,027

194,939

116,286

131,932

129,879

147,302

123,315

167,130

185,781

146,856

122,257

122,863

129,902

101,780

107,838

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,952
0
0
0
3,467
0
0
0

3,467

2,952

Net Receivables

208,174
210,211
178,592
0
0
0
0
0
0
0
0
0
0
253,000
236,000
326,000
265,000
0
0
0
0
0
0
0
0
0
0
138,119
173,808
141,779
141,328
178,003
341,067
248,443
271,169
279,872
723,110
464,215
220,504
183,695
285,293
129,686
78,770
49,033

49,033

78,770

129,686

285,293

183,695

220,504

464,215

723,110

279,872

271,169

248,443

341,067

178,003

141,328

141,779

173,808

138,119

265,000

326,000

236,000

253,000

178,592

210,211

208,174

Inventory

206,727
220,943
215,482
233,787
194,571
199,922
230,851
192,661
182,508
148,153
148,977
151,446
164,779
190,339
259,101
162,467
182,979
165,848
165,995
163,767
189,662
180,862
181,097
202,106
187,847
205,254
202,880
201,580
181,940
193,106
196,410
164,014
253,237
358,583
362,945
623,099
518,507
396,147
360,918
276,004
267,561
231,481
206,103
182,902

182,902

206,103

231,481

267,561

276,004

360,918

396,147

518,507

623,099

362,945

358,583

253,237

164,014

196,410

193,106

181,940

201,580

202,880

205,254

187,847

202,106

181,097

180,862

189,662

163,767

165,995

165,848

182,979

162,467

259,101

190,339

164,779

151,446

148,977

148,153

182,508

192,661

230,851

199,922

194,571

233,787

215,482

220,943

206,727

> Long-term Assets

696,918
706,523
719,845
690,463
705,691
695,278
690,054
773,092
868,714
895,190
915,188
918,824
924,048
939,121
1,021,430
1,014,642
1,030,459
1,110,957
1,135,295
1,154,017
1,151,375
1,155,709
1,152,517
1,161,073
1,127,577
1,145,873
1,159,363
1,186,617
1,206,996
1,232,623
1,307,606
1,349,035
1,290,666
1,414,323
1,536,461
1,642,316
1,739,278
1,687,667
1,705,779
1,751,248
1,972,065
2,020,932
2,058,229
2,225,601

2,225,601

2,058,229

2,020,932

1,972,065

1,751,248

1,705,779

1,687,667

1,739,278

1,642,316

1,536,461

1,414,323

1,290,666

1,349,035

1,307,606

1,232,623

1,206,996

1,186,617

1,159,363

1,145,873

1,127,577

1,161,073

1,152,517

1,155,709

1,151,375

1,154,017

1,135,295

1,110,957

1,030,459

1,014,642

1,021,430

939,121

924,048

918,824

915,188

895,190

868,714

773,092

690,054

695,278

705,691

690,463

719,845

706,523

696,918

Property Plant Equipment

430,266
427,666
437,644
446,848
463,994
448,493
462,799
522,315
621,321
644,930
662,651
663,130
679,438
691,850
770,885
760,812
775,395
847,162
862,952
876,882
878,334
886,583
882,234
889,492
895,465
917,513
928,253
953,827
965,224
994,470
1,069,651
1,106,499
1,092,125
1,202,208
1,321,769
1,410,255
1,449,441
1,469,315
1,506,702
1,544,194
1,728,210
1,783,599
1,828,802
1,996,709

1,996,709

1,828,802

1,783,599

1,728,210

1,544,194

1,506,702

1,469,315

1,449,441

1,410,255

1,321,769

1,202,208

1,092,125

1,106,499

1,069,651

994,470

965,224

953,827

928,253

917,513

895,465

889,492

882,234

886,583

878,334

876,882

862,952

847,162

775,395

760,812

770,885

691,850

679,438

663,130

662,651

644,930

621,321

522,315

462,799

448,493

463,994

446,848

437,644

427,666

430,266

Goodwill

28,716
28,716
28,716
28,716
28,716
28,716
28,716
28,716
28,716
28,967
29,025
28,716
28,716
28,716
28,716
28,716
28,716
28,716
28,716
28,716
28,716
28,716
28,716
28,716
28,716
28,716
30,993
30,997
28,716
28,716
28,716
28,716
28,716
28,716
28,716
28,716
0
0
0
0
0
0
0
0

28,716

30,997

30,993

28,716

29,025

28,967

28,716

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
217,000
220,000
224,000
225,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

225,000

224,000

220,000

217,000

Other Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,334
5,538
1,498
1,578
1,583
20,077
2,587
2,587
2,587
111,674
44,277
33,011
39,636
36,317
32,094
27,221
0

27,221

32,094

36,317

39,636

33,011

44,277

111,674

2,587

20,077

1,583

1,578

1,498

5,538

1,334

> Total Liabilities

424,527
426,418
399,187
420,299
421,323
383,708
434,512
472,086
503,243
508,538
488,452
529,036
493,730
597,775
643,780
602,746
565,992
660,613
653,498
689,994
719,714
661,994
660,607
661,442
676,956
692,768
732,459
677,850
708,482
757,918
766,582
776,382
1,653,849
2,411,183
2,802,981
2,823,859
2,499,777
1,882,818
1,014,158
899,672
924,833
831,114
704,027
381,555

381,555

704,027

831,114

924,833

899,672

1,014,158

1,882,818

2,499,777

2,823,859

2,802,981

2,411,183

1,653,849

776,382

766,582

757,918

708,482

677,850

732,459

692,768

676,956

661,442

660,607

661,994

719,714

689,994

653,498

660,613

565,992

602,746

643,780

597,775

493,730

529,036

488,452

508,538

503,243

472,086

434,512

383,708

421,323

420,299

399,187

426,418

424,527

> Total Current Liabilities

252,667
262,638
233,962
285,119
267,228
268,782
259,952
320,863
318,835
335,017
317,744
340,218
318,438
366,919
491,866
470,094
457,251
476,737
476,895
517,499
570,597
518,239
525,444
536,280
566,215
585,477
626,251
583,332
601,868
655,658
645,279
608,677
1,506,985
2,225,010
2,648,157
2,654,431
2,369,776
1,719,853
891,806
799,215
805,129
715,396
594,627
324,354

324,354

594,627

715,396

805,129

799,215

891,806

1,719,853

2,369,776

2,654,431

2,648,157

2,225,010

1,506,985

608,677

645,279

655,658

601,868

583,332

626,251

585,477

566,215

536,280

525,444

518,239

570,597

517,499

476,895

476,737

457,251

470,094

491,866

366,919

318,438

340,218

317,744

335,017

318,835

320,863

259,952

268,782

267,228

285,119

233,962

262,638

252,667

Short-term Debt

166,980
172,127
150,311
162,923
149,394
170,022
143,702
195,763
201,210
222,288
220,533
206,467
205,863
214,884
354,256
333,921
331,393
267,984
269,345
303,379
343,505
309,221
310,506
323,168
374,456
349,016
358,210
349,231
330,516
366,989
353,728
356,127
228,414
249,359
219,600
243,673
198,293
235,927
186,719
169,698
179,905
157,140
97,396
68,477

68,477

97,396

157,140

179,905

169,698

186,719

235,927

198,293

243,673

219,600

249,359

228,414

356,127

353,728

366,989

330,516

349,231

358,210

349,016

374,456

323,168

310,506

309,221

343,505

303,379

269,345

267,984

331,393

333,921

354,256

214,884

205,863

206,467

220,533

222,288

201,210

195,763

143,702

170,022

149,394

162,923

150,311

172,127

166,980

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
413,000
473,000
433,000
405,000
0
0
0
0
0
0
0
0
0
0
0
0
366,989
353,728
356,127
224,060
249,359
219,600
243,673
196,048
235,927
186,719
169,698
173,250
157,140
97,396
68,477

68,477

97,396

157,140

173,250

169,698

186,719

235,927

196,048

243,673

219,600

249,359

224,060

356,127

353,728

366,989

405,000

433,000

473,000

413,000

Accounts payable

41,992
49,940
39,763
76,930
77,687
63,743
63,638
59,373
44,079
54,378
49,553
74,876
64,712
74,490
83,222
67,354
64,248
113,534
102,866
113,154
112,377
126,667
131,034
134,504
125,209
159,672
182,992
137,412
142,089
141,383
149,735
112,335
189,672
402,994
287,388
402,670
273,195
176,705
148,054
141,562
144,949
109,265
136,694
145,701

145,701

136,694

109,265

144,949

141,562

148,054

176,705

273,195

402,670

287,388

402,994

189,672

112,335

149,735

141,383

142,089

137,412

182,992

159,672

125,209

134,504

131,034

126,667

112,377

113,154

102,866

113,534

64,248

67,354

83,222

74,490

64,712

74,876

49,553

54,378

44,079

59,373

63,638

63,743

77,687

76,930

39,763

49,940

41,992

Other Current Liabilities

43,695
40,571
43,888
45,266
40,147
35,017
52,612
65,728
73,546
58,351
47,658
58,876
47,863
77,545
54,388
68,819
61,610
95,219
104,684
100,966
114,714
82,351
83,904
78,608
66,549
76,789
85,049
96,689
129,263
147,286
141,816
140,215
1,088,900
1,572,657
2,141,169
2,008,088
900,404
1,307,221
557,033
487,955
480,275
448,991
360,537
110,176

110,176

360,537

448,991

480,275

487,955

557,033

1,307,221

900,404

2,008,088

2,141,169

1,572,657

1,088,900

140,215

141,816

147,286

129,263

96,689

85,049

76,789

66,549

78,608

83,904

82,351

114,714

100,966

104,684

95,219

61,610

68,819

54,388

77,545

47,863

58,876

47,658

58,351

73,546

65,728

52,612

35,017

40,147

45,266

43,888

40,571

43,695

> Long-term Liabilities

171,860
163,780
165,225
135,181
154,095
114,926
174,560
151,223
184,408
173,521
170,708
188,818
175,292
230,856
151,914
132,652
108,741
183,876
176,603
172,495
149,117
143,755
135,163
125,162
110,741
107,291
106,208
94,518
106,613
102,260
121,303
167,705
146,864
186,173
154,824
169,428
130,001
162,965
122,352
100,457
119,704
115,718
109,400
57,201

57,201

109,400

115,718

119,704

100,457

122,352

162,965

130,001

169,428

154,824

186,173

146,864

167,705

121,303

102,260

106,613

94,518

106,208

107,291

110,741

125,162

135,163

143,755

149,117

172,495

176,603

183,876

108,741

132,652

151,914

230,856

175,292

188,818

170,708

173,521

184,408

151,223

174,560

114,926

154,095

135,181

165,225

163,780

171,860

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
51,568
61,038
53,693
70,166
116,570
0
93,287
67,667
67,399
63,991
96,151
55,085
37,889
52,588
48,669
42,348
0

42,348

48,669

52,588

37,889

55,085

96,151

63,991

67,399

67,667

93,287

116,570

70,166

53,693

61,038

51,568

> Total Stockholder Equity

795,142
813,049
844,541
834,032
868,957
907,711
935,232
898,650
904,224
926,946
954,525
945,165
976,885
981,020
1,054,937
1,037,407
1,056,885
1,034,130
1,069,381
1,063,470
1,067,206
1,083,806
1,076,772
1,085,199
1,012,690
1,050,052
1,078,034
1,089,460
1,123,710
1,146,751
1,166,499
1,242,274
1,529,066
2,198,130
3,245,800
4,147,484
4,758,875
4,998,761
4,911,910
4,835,480
4,865,561
4,908,030
4,657,129
4,631,332

4,631,332

4,657,129

4,908,030

4,865,561

4,835,480

4,911,910

4,998,761

4,758,875

4,147,484

3,245,800

2,198,130

1,529,066

1,242,274

1,166,499

1,146,751

1,123,710

1,089,460

1,078,034

1,050,052

1,012,690

1,085,199

1,076,772

1,083,806

1,067,206

1,063,470

1,069,381

1,034,130

1,056,885

1,037,407

1,054,937

981,020

976,885

945,165

954,525

926,946

904,224

898,650

935,232

907,711

868,957

834,032

844,541

813,049

795,142

Common Stock

340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,062
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077
340,077

340,077

340,062

340,077

Retained Earnings Total Equity

Accumulated Other Comprehensive Income

456,347
475,011
506,503
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

506,503

475,011

456,347

Capital Surplus

Treasury Stock

-186,368

-212,326

-101,913

-43,807

-65,753

-56,954

-56,649

-48,938

Other Stockholders Equity

-1,282
-2,039
-2,039
-44,601
0
-43,650
-43,738
-52,158
-52,774
-56,844
-56,892
-66,943
-60,170
-60,466
-54,055
-66,244
-66,451
-67,474
729,304
723,393
727,128
743,729
736,695
745,122
-167,512
709,975
737,957
749,383
-146,821
806,674
826,422
902,197
-243,569
1,858,053
2,905,723
3,807,407
-310,832
4,658,684
4,571,833
-203,244
-112,750
4,567,953
-139,478
-125,356

-125,356

-139,478

4,567,953

-112,750

-203,244

4,571,833

4,658,684

-310,832

3,807,407

2,905,723

1,858,053

-243,569

902,197

826,422

806,674

-146,821

749,383

737,957

709,975

-167,512

745,122

736,695

743,729

727,128

723,393

729,304

-67,474

-66,451

-66,244

-54,055

-60,466

-60,170

-66,943

-56,892

-56,844

-52,774

-52,158

-43,738

-43,650

-44,601

-2,039

-1,282

Balance Sheet

Currency in MYR. All numbers in thousands.

	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Accounts Payable	144,949	273,195	189,672	142,089	125,209	112,377	67,354	74,876	59,373	76,930	59,971	40,098	38,281	67,853	65,169	29,974
Accumulated Other Comprehensive Income	-	-	-	-	-	-	-	-	-	-	599,052	521,429	424,710	289,633	251,169	129,250
Capital Lease Obligations	28,201	4,756	6,268	639	874	1,031	-	-	-	-	-	-	-	-	-	-
Capital Stock	340,077	340,077	340,077	340,077	-	-	-	-	-	-	-	-	-	-	-	-
Cash	3,028,690	3,776,084	1,186,190	173,814	145,170	156,088	135,098	131,932	167,130	122,863	104,483	97,376	118,724	31,010	29,207	28,676
Cash And Short Term Investments	3,032,157	3,779,037	1,186,190	173,814	145,170	156,088	135,098	131,932	167,130	122,863	104,483	97,376	118,724	31,010	29,207	28,676
Common Stock	340,077	340,077	340,077	340,077	340,077	340,077	340,062	340,077	340,077	340,077	170,039	170,039	134,125	132,635	132,620	113,183
Common Stock Shares Outstanding	2,643,856	2,595,917	2,760,786	2,768,995	2,827,302	2,874,873	2,917,989	2,913,182	2,913,693	2,914,501	2,917,993	2,842,363	2,248,504	2,263,140	2,006,357	3,902,358
Good Will	0	0	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	-
Inventory	267,561	518,507	253,237	181,940	187,847	189,662	162,467	151,446	192,661	233,787	223,140	133,088	116,200	135,507	106,360	42,116
Liabilities And Stockholders Equity	5,956,958	7,394,165	3,204,390	1,842,708	1,689,645	1,786,919	1,640,153	1,474,201	1,370,736	1,254,331	1,205,483	1,065,317	945,249	946,727	868,529	521,974
Long Term Debt	31,042	61,480	100,118	60,774	61,226	106,537	127,904	141,000	114,000	94,000	115,000	-	-	-	-	-
Long Term Debt Total	52,588	63,991	102,033	61,038	61,722	107,044	128,141	146,098	-	-	-	-	-	-	-	-
Long Term Investments	-	-	-	-	-	-	-	211,000	215,000	210,000	228,000	-	-	-	-	-
Net Debt	-2,796,197	-3,513,800	-855,743	217,741	291,008	294,461	298,299	220,633	155,655	155,247	226,444	198,299	176,119	374,690	337,183	186,767
Net Invested Capital	5,069,854	5,016,404	1,853,245	1,514,625	1,447,994	1,516,723	-	-	-	-	-	-	-	-	-	-
Net Receivables	152,378	627,711	242,768	149,516	165,715	239,689	238,405	239,000	228,000	206,000	205,862	213,109	144,806	240,795	218,658	151,036
Net Working Capital	3,179,763	3,285,111	406,739	33,843	5,874	67,978	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	1,972,065	1,739,278	1,290,666	1,206,996	1,127,577	1,151,375	1,014,642	918,824	773,092	690,463	664,376	620,290	564,071	539,414	514,303	300,146
Non Current Liabilities Total	119,704	130,001	146,864	106,613	110,741	149,117	132,652	188,818	151,223	135,181	158,670	154,110	172,723	182,964	229,591	158,619
Non Currrent Assets Other	3,816	178,164	168,581	211,650	201,409	241,836	223,527	215,419	219,852	214,899	5,102	5,179	5,254	5,331	5,408	117
Other Assets	36,317	111,674	20,077	5,538	6,184	6,751	5,916	15,983	-	-	-	-	-	-	-	-
Other Current Assets	685,175	1,357,344	474,298	279,958	239,072	292,824	326,243	270,916	236,852	206,966	7,569	1,510	1,449	-	-	-
Other Current Liab	480,275	1,898,289	1,088,900	129,263	60,127	114,714	68,819	58,876	65,728	45,266	27,288	24,496	46,391	48,724	37,643	25,954
Other Stockholder Equity	-112,750	-310,832	-243,569	-146,821	-167,512	727,128	-66,244	-66,943	-52,158	-44,601	-	-	-	-5,888	-	-2,530
Property Plant And Equipment Net	1,728,210	1,449,441	1,092,125	965,224	895,465	878,334	760,812	663,130	522,315	446,848	402,200	387,912	368,150	382,888	373,121	173,115
Property Plant Equipment	1,728,210	1,449,441	1,092,125	965,224	895,465	878,334	808,239	663,130	-	-	-	-	-	-	-	-
Retained Earnings	4,638,234	4,729,630	1,432,558	930,454	840,124	792,508	763,589	672,031	610,730	538,555	523,000	-	-	-	-	-
Short Long Term Debt	173,250	196,048	224,060	330,141	374,078	342,981	-	353,000	323,000	278,000	331,000	-	-	-	-	-
Short Long Term Debt Total	232,493	262,285	330,447	391,554	436,178	450,549	433,397	352,565	322,785	278,110	330,927	295,675	294,843	405,700	366,391	215,443
Short Term Debt	179,905	198,293	228,414	330,516	374,456	343,505	333,921	206,467	195,763	162,923	190,463	155,146	129,019	230,806	152,337	67,523
Short Term Investments	3,467	2,952	0	-	-	-	-	11,000	1,000	1,000	1,000	-	-	-	-	-
Total Assets	5,956,958	7,394,165	3,204,390	1,842,708	1,699,667	1,789,949	1,638,450	1,473,118	1,369,735	1,254,079	1,205,430	1,065,373	945,249	946,727	868,529	521,974
Total Current Assets	3,984,893	5,654,887	1,913,724	635,712	572,089	638,574	623,808	554,294	596,642	563,617	541,054	445,083	381,178	407,312	354,226	221,829
Total Current Liabilities	805,129	2,369,776	1,506,985	601,868	566,215	570,597	470,094	340,218	320,863	285,119	277,721	219,739	213,692	347,383	255,149	123,451
Total Liab	924,833	2,499,777	1,653,849	708,482	676,956	719,714	602,746	529,036	472,086	420,299	436,392	373,849	386,414	530,347	484,740	282,070
Total Stockholder Equity	4,865,561	4,758,875	1,529,066	1,123,710	1,012,690	1,067,206	1,037,407	945,165	898,650	834,032	769,091	691,468	558,835	416,380	383,789	239,904
Treasury Stock	-	-186,368	-101,913	-56,649	-48,938	-26,202	-18,424	-6,655	-	-	-	-	-	-	-	-

	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31
Accounts Payable	145,701	136,694	109,265	144,949	141,562	148,054	176,705	273,195	402,670	287,388	402,994	189,672	112,335	149,735	141,383	142,089	137,412	182,992	159,672	125,209	134,504	131,034	126,667	112,377	113,154	102,866	113,534	64,248	67,354	83,222	74,490	64,712	74,876	49,553	54,378	44,079	59,373	63,638	63,743	77,687	76,930	39,763	49,940	41,992
Accumulated Other Comprehensive Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	506,503	475,011	456,347
Capital Lease Obligations	-	-	-	28,201	-	-	-	4,756	-	-	-	6,268	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Stock	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash	2,311,819	2,613,313	2,943,741	3,028,690	2,970,579	3,392,150	3,519,390	3,776,084	3,986,248	3,699,445	2,356,130	1,186,190	218,365	157,988	188,742	173,814	137,444	148,352	125,644	145,170	144,002	154,701	150,220	156,088	149,260	102,481	136,870	143,136	135,098	181,027	194,939	116,286	131,932	129,879	147,302	123,315	167,130	185,781	146,856	122,257	122,863	129,902	101,780	107,838
Cash And Short Term Investments	2,311,819	2,613,313	2,943,741	3,032,157	2,970,579	3,392,150	3,519,390	3,779,037	3,986,248	3,699,445	2,356,130	1,186,190	218,365	157,988	188,742	173,814	137,444	148,352	125,644	145,170	144,002	154,701	150,220	156,088	149,260	102,481	136,870	143,136	135,098	181,027	194,939	116,286	131,932	129,879	147,302	123,315	167,130	185,781	146,856	122,257	122,863	129,902	101,780	107,838
Common Stock	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,062	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077	340,077
Common Stock Shares Outstanding	2,650,316	2,652,984	2,661,107	2,636,812	2,636,812	2,617,639	2,682,447	2,674,992	2,674,992	2,660,963	2,726,847	2,767,221	2,767,221	2,758,264	2,802,197	2,856,156	2,856,156	2,812,879	2,812,879	2,827,303	2,832,095	2,841,491	2,853,679	2,874,873	2,878,648	2,879,854	2,904,694	2,917,989	2,917,989	2,917,989	2,917,989	2,917,989	2,917,989	2,917,989	2,917,989	2,917,989	2,917,989	2,917,989	2,917,989	2,917,989	2,917,989	2,917,989	2,917,989	2,917,989
Good Will	-	-	-	0	-	-	-	0	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	30,997	30,993	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	29,025	28,967	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716	28,716
Inventory	182,902	206,103	231,481	267,561	276,004	360,918	396,147	518,507	623,099	362,945	358,583	253,237	164,014	196,410	193,106	181,940	201,580	202,880	205,254	187,847	202,106	181,097	180,862	189,662	163,767	165,995	165,848	182,979	162,467	259,101	190,339	164,779	151,446	148,977	148,153	182,508	192,661	230,851	199,922	194,571	233,787	215,482	220,943	206,727
Liabilities And Stockholders Equity	5,114,883	5,494,958	5,886,663	5,956,958	5,903,609	5,926,068	6,881,579	7,258,653	6,971,343	6,048,781	4,609,313	3,182,916	2,018,656	1,933,081	1,904,669	1,832,192	1,767,310	1,810,493	1,742,820	1,689,645	1,746,641	1,737,379	1,745,800	1,786,919	1,753,464	1,722,879	1,694,743	1,622,877	1,640,153	1,698,717	1,578,795	1,470,615	1,474,201	1,442,977	1,435,484	1,407,467	1,370,736	1,369,744	1,291,419	1,290,280	1,254,331	1,243,728	1,239,467	1,219,669
Long Term Debt	21,458	42,348	48,669	52,588	37,889	55,085	96,151	63,991	67,399	67,667	93,287	100,118	116,570	70,166	53,693	61,038	51,568	-	-	-	-	-	-	-	-	-	-	73,000	99,000	119,000	198,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt Total	-	42,348	48,669	52,588	37,889	55,085	96,151	63,991	67,399	67,667	93,287	-	116,570	70,166	53,693	61,038	51,568	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	225,000	224,000	220,000	217,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Debt	-2,221,884	-2,473,569	-2,737,932	-2,796,197	-2,762,992	-3,150,346	-3,187,312	-3,513,800	-3,675,176	-3,412,178	-2,013,484	-855,743	254,332	265,906	231,940	217,741	263,355	267,048	281,642	291,008	262,657	249,300	261,828	294,461	285,539	302,147	274,934	261,586	298,299	291,966	217,624	231,693	220,633	237,162	224,305	238,103	155,655	118,992	117,592	160,732	155,247	173,228	221,222	215,977
Net Invested Capital	4,721,267	4,796,873	5,113,839	5,069,854	5,043,067	5,153,714	5,330,839	5,016,404	4,458,556	3,533,067	2,540,776	1,853,245	1,714,971	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Receivables	49,033	78,770	129,686	285,293	183,695	220,504	464,215	723,110	279,872	271,169	248,443	341,067	178,003	141,328	141,779	173,808	138,119	-	-	-	-	-	-	-	-	-	-	265,000	326,000	236,000	253,000	-	-	-	-	-	-	-	-	-	-	178,592	210,211	208,174
Net Working Capital	2,564,928	2,842,102	3,150,335	3,179,763	3,353,146	3,467,984	3,605,784	3,285,111	2,755,549	1,928,565	1,014,460	406,739	72,218	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	2,225,601	2,058,229	2,020,932	1,972,065	1,751,248	1,705,779	1,687,667	1,739,278	1,642,316	1,536,461	1,414,323	1,290,666	1,349,035	1,307,606	1,232,623	1,206,996	1,186,617	1,159,363	1,145,873	1,127,577	1,161,073	1,152,517	1,155,709	1,151,375	1,154,017	1,135,295	1,110,957	1,030,459	1,014,642	1,021,430	939,121	924,048	918,824	915,188	895,190	868,714	773,092	690,054	695,278	705,691	690,463	719,845	706,523	696,918
Non Current Liabilities Total	57,201	109,400	115,718	119,704	100,457	122,352	162,965	130,001	169,428	154,824	186,173	146,864	167,705	121,303	102,260	106,613	94,518	106,208	107,291	110,741	125,162	135,163	143,755	149,117	172,495	176,603	183,876	108,741	132,652	151,914	230,856	175,292	188,818	170,708	173,521	184,408	151,223	174,560	114,926	154,095	135,181	165,225	163,780	171,860
Non Currrent Assets Other	200,990	202,206	205,239	3,816	167,418	166,066	174,075	3,314	200,758	183,389	180,812	168,581	212,237	207,661	207,939	211,650	200,459	198,783	198,310	201,409	240,888	239,508	239,041	241,836	235,802	234,576	229,828	224,770	223,527	220,224	216,909	214,101	215,419	220,701	218,336	216,468	219,852	198,032	217,562	212,981	214,899	-	-	-
Other Assets	-	27,221	32,094	36,317	39,636	33,011	44,277	111,674	2,587	2,587	2,587	20,077	1,583	1,578	1,498	5,538	1,334	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Current Assets	-	617,313	690,509	685,175	905,778	606,722	1,410,100	1,357,344	800,633	514,332	524,757	474,298	298,516	280,856	300,353	279,958	249,074	307,863	276,393	239,072	246,674	256,349	262,922	292,824	285,817	317,871	280,280	265,199	326,243	235,990	253,338	264,231	270,916	248,247	243,981	231,680	236,852	262,807	249,112	267,455	206,966	-	-	-
Other Current Liab	110,176	360,537	448,991	480,275	487,955	557,033	1,307,221	900,404	2,008,088	2,141,169	1,572,657	1,088,900	140,215	141,816	147,286	129,263	96,689	85,049	76,789	66,549	78,608	83,904	82,351	114,714	100,966	104,684	95,219	61,610	68,819	54,388	77,545	47,863	58,876	47,658	58,351	73,546	65,728	52,612	35,017	40,147	45,266	43,888	40,571	43,695
Other Stockholder Equity	-125,356	-139,478	4,567,953	-112,750	-203,244	4,571,833	4,658,684	-310,832	3,807,407	2,905,723	1,858,053	-243,569	902,197	826,422	806,674	-146,821	749,383	737,957	709,975	-167,512	745,122	736,695	743,729	727,128	723,393	729,304	-67,474	-66,451	-66,244	-54,055	-60,466	-60,170	-66,943	-56,892	-56,844	-52,774	-52,158	-43,738	-43,650	-	-44,601	-2,039	-2,039	-1,282
Property Plant And Equipment Net	1,996,709	1,828,802	1,783,599	1,728,210	1,544,194	1,506,702	1,469,315	1,449,441	1,410,255	1,321,769	1,202,208	1,092,125	1,106,499	1,069,651	994,470	965,224	953,827	928,253	917,513	895,465	889,492	882,234	886,583	878,334	876,882	862,952	847,162	775,395	760,812	770,885	691,850	679,438	663,130	662,651	644,930	621,321	522,315	462,799	448,493	463,994	446,848	437,644	427,666	430,266
Property Plant Equipment	-	1,828,802	1,783,599	1,728,210	1,544,194	1,506,702	1,469,315	1,449,441	1,410,255	1,321,769	1,202,208	1,092,125	1,106,499	1,069,651	994,470	965,224	953,827	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	4,416,611	4,456,530	4,643,944	4,638,234	4,698,647	4,892,467	4,845,052	4,729,630	3,993,775	3,118,049	2,070,379	1,432,558	946,004	892,175	863,628	930,454	798,321	-	-	840,124	-	-	-	-	-	-	761,527	783,259	763,589	768,915	701,409	696,978	672,031	671,340	643,713	616,921	610,730	638,893	611,284	528,880	538,555	-	-	-
Short Long Term Debt	68,477	97,396	157,140	173,250	169,698	186,719	235,927	196,048	243,673	219,600	249,359	224,060	356,127	353,728	366,989	-	-	-	-	-	-	-	-	-	-	-	-	405,000	433,000	473,000	413,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt Total	89,935	139,744	205,809	232,493	207,587	241,804	332,078	262,285	311,072	287,267	342,646	330,447	472,697	423,894	420,682	391,554	400,799	415,400	407,286	436,178	406,659	404,001	412,048	450,549	434,799	404,628	411,804	404,722	433,397	472,993	412,563	347,979	352,565	367,041	371,607	361,418	322,785	304,773	264,448	282,989	278,110	303,130	323,002	323,815
Short Term Debt	68,477	97,396	157,140	179,905	169,698	186,719	235,927	198,293	243,673	219,600	249,359	228,414	356,127	353,728	366,989	330,516	349,231	358,210	349,016	374,456	323,168	310,506	309,221	343,505	303,379	269,345	267,984	331,393	333,921	354,256	214,884	205,863	206,467	220,533	222,288	201,210	195,763	143,702	170,022	149,394	162,923	150,311	172,127	166,980
Short Term Investments	-	-	-	3,467	-	-	-	2,952	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	5,114,883	5,494,958	5,886,663	5,956,958	5,903,609	6,065,569	7,013,304	7,394,165	7,052,296	6,113,183	4,653,793	3,204,390	2,029,930	1,942,860	1,914,824	1,842,708	1,774,715	1,818,458	1,753,164	1,699,667	1,753,855	1,744,664	1,749,713	1,789,949	1,752,861	1,721,642	1,693,955	1,621,773	1,638,450	1,697,548	1,577,737	1,469,344	1,473,118	1,442,291	1,434,626	1,406,217	1,369,735	1,369,493	1,291,168	1,289,974	1,254,079	1,243,821	1,239,457	1,219,657
Total Current Assets	2,889,282	3,436,729	3,865,731	3,984,893	4,152,361	4,359,790	5,325,637	5,654,887	5,409,980	4,576,722	3,239,470	1,913,724	680,895	635,254	682,201	635,712	588,098	659,095	607,291	572,089	592,782	592,147	594,004	638,574	598,844	586,347	582,998	591,314	623,808	676,118	638,616	545,296	554,294	527,103	539,436	537,503	596,642	679,439	595,890	584,283	563,617	523,976	532,934	522,739
Total Current Liabilities	324,354	594,627	715,396	805,129	799,215	891,806	1,719,853	2,369,776	2,654,431	2,648,157	2,225,010	1,506,985	608,677	645,279	655,658	601,868	583,332	626,251	585,477	566,215	536,280	525,444	518,239	570,597	517,499	476,895	476,737	457,251	470,094	491,866	366,919	318,438	340,218	317,744	335,017	318,835	320,863	259,952	268,782	267,228	285,119	233,962	262,638	252,667
Total Liab	381,555	704,027	831,114	924,833	899,672	1,014,158	1,882,818	2,499,777	2,823,859	2,802,981	2,411,183	1,653,849	776,382	766,582	757,918	708,482	677,850	732,459	692,768	676,956	661,442	660,607	661,994	719,714	689,994	653,498	660,613	565,992	602,746	643,780	597,775	493,730	529,036	488,452	508,538	503,243	472,086	434,512	383,708	421,323	420,299	399,187	426,418	424,527
Total Stockholder Equity	4,631,332	4,657,129	4,908,030	4,865,561	4,835,480	4,911,910	4,998,761	4,758,875	4,147,484	3,245,800	2,198,130	1,529,066	1,242,274	1,166,499	1,146,751	1,123,710	1,089,460	1,078,034	1,050,052	1,012,690	1,085,199	1,076,772	1,083,806	1,067,206	1,063,470	1,069,381	1,034,130	1,056,885	1,037,407	1,054,937	981,020	976,885	945,165	954,525	926,946	904,224	898,650	935,232	907,711	868,957	834,032	844,541	813,049	795,142
Treasury Stock	-	-	-	-	-	-186,368	-186,368	-186,368	-186,368	-212,326	-212,326	-101,913	-43,807	-65,753	-56,954	-56,649	-48,938	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Cash Flow

Currency in MYR. All numbers in thousands.

	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Begin Period Cash Flow	3,776,084	1,186,190	173,814	145,170	156,088	124,949	131,932	167,130	122,863	104,483	97,376	117,999	20,601	26,188	25,882	45,933
Capital Expenditures	448,651	448,398	191,114	112,248	58,897	111,318	121,023	177,562	101,632	69,152	38,133	46,628	0	0	33,947	21,303
Change In Cash	-747,394	2,589,894	1,012,376	28,644	-10,918	31,139	3,166	-35,693	44,266	18,380	7,108	-20,623	97,397	-5,586	306	-20,050
Change In Working Capital	-86,683	-609,328	657,589	30,536	56,765	9,053	-38,470	40,819	714	12,190	-48,049	-94,927	74,983	-42,535	-1,851	-27,050
Change To Account Receivables	-	-	-	-	-	-	-	-32,000	-31,000	-4,000	17,000	-	-	-	-	-
Change To Inventory	249,112	-265,270	-71,296	5,907	1,815	-27,775	-	41,204	41,126	-10,647	-90,051	-17,519	18,046	-28,666	-28,713	-15,370
Change To Operating Activities	-	-	-	-	-	-	-	8,000	8,000	9,000	5,000	-	-	-	-	-
Depreciation	73,861	68,778	61,670	45,078	41,844	41,300	48,863	27,939	26,692	24,356	24,091	26,039	31,941	28,855	19,915	12,955
Dividends Paid	-659,266	-443,935	0	-32,783	75,725	26,851	47,277	33,958	33,958	11,885	27,206	31,556	15,038	8,605	7,380	6,655
End Period Cash Flow	3,028,690	3,776,084	1,186,190	173,814	145,170	156,088	135,098	131,437	167,130	122,863	104,483	97,376	117,999	20,601	26,188	25,882
Free Cash Flow	-104,973	3,176,678	1,112,876	122,805	118,291	9,444	-22,053	-19,850	41,573	94,436	18,303	15,669	225,861	53,086	39,958	9,974
Investments	-351,018	-451,241	-191,214	-112,248	-55,094	-110,220	-	-	-	-	-	-	-	-	-	-
Net Income	1,059,501	5,019,993	680,163	172,408	161,894	107,939	152,355	128,293	148,157	137,306	112,132	183,835	151,470	51,998	58,550	39,749
Other Cashflows From Financing Activities	-63,665	-33,259	8,433	-63,480	-27,920	67,460	73,484	42,583	33,225	-12,421	37,061	-11,509	-26,607	-22,978	-17,384	-10,424
Other Cashflows From Investing Activities	97,633	-2,843	-100	0	3,802	1,098	-	-426	-	-	-	-	-	-	-	-
Other Non Cash Items	-703,001	-854,367	-95,432	-12,968	-83,315	-37,530	-14,915	-39,338	-32,358	-10,265	-31,737	-52,650	-32,534	14,768	-2,710	5,623
Sale Purchase Of Stock	-42,177	-164,338	-67,209	-7,710	-22,736	-7,778	-11,766	-4,612	-2	-2,041	-	-	-	-	-	-
Total Cash From Financing Activities	-765,108	-678,576	-150,274	-103,973	-126,381	20,094	14,441	-17,452	-735	-75,897	-12,291	-37,014	-111,468	-2,879	-28,750	-24,706
Total Cash From Operating Activities	343,678	3,625,076	1,303,990	235,053	177,188	120,762	98,970	157,713	143,205	163,587	56,437	62,297	225,861	53,086	73,905	31,278
Total Cashflows From Investing Activities	-351,018	-451,241	-191,214	-112,248	-55,094	-110,220	-193,971	-178,000	-102,000	-69,000	-38,000	-	-	-	-	-

	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31
Begin Period Cash Flow	2,613,313	2,943,741	3,032,157	2,970,579	3,392,150	3,519,390	3,779,037	3,986,248	3,699,445	2,356,130	1,186,190	218,365	157,988	188,742	173,814	137,444	148,352	125,644	145,170	144,002	154,701	150,220	156,088	149,260	102,481	136,870	124,949	135,098	181,027	194,939	116,286	131,932	129,879	147,302	123,315	167,130	185,781	146,856	122,257	107,837	129,902	101,780	107,837	104,483
Capital Expenditures	210,686	66,412	75,403	293,745	53,104	55,231	46,571	93,944	95,813	134,922	123,719	15,892	49,937	88,018	37,267	24,197	35,939	24,271	27,841	22,050	17,222	4,001	15,624	18,459	25,453	24,787	42,619	0	0	85,861	19,886	18,763	22,708	24,758	30,220	99,876	71,232	20,875	0	12,121	20,976	16,243	3,167	28,766
Change In Cash	-301,494	-330,428	-88,416	58,111	-421,571	-127,240	-259,647	-210,164	286,803	1,343,315	1,169,940	967,825	60,377	-30,754	14,928	36,370	-10,908	22,708	-19,526	1,168	-10,699	4,481	-5,868	6,828	46,779	-34,389	11,921	-	-45,929	-13,912	78,653	-15,646	1,558	-17,423	23,987	-43,815	-18,651	38,925	24,599	14,420	-7,039	28,122	-6,057	3,354
Change In Working Capital	103,836	127,607	-46,677	372,012	-74,528	102,019	-486,186	-563,218	-676,770	215,261	415,399	683,171	-36,362	23,248	-12,468	34,494	1,193	3,954	-9,105	24,712	-5,233	1,996	35,290	-17,920	33,713	-25,204	18,464	-	15,204	-26,551	-15,592	-11,531	28,032	-10,734	36,281	-12,760	70,332	-55,955	-16,440	2,777	2,600	16,075	-14,444	7,959
Change To Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-18,305	5,462	-14,217	16,413
Change To Operating Activities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-28,000	-14,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,000	7,000	-	-	-	-	-	-	-	-	-	6,522	6,264	5,768	5,802
Dividends Paid	-109,683	-4,907	-15,293	-79,646	157,945	180	421,855	340,358	103,577	-	-	-	-	-	-	19,671	1	-	-	19,669	19,669	19,701	16,686	0	-	13,426	13,425	-	13,424	20,312	-	13,541	13,583	-	-	-	29	-	20,404	13,583	0	18	-	-
End Period Cash Flow	2,311,819	2,613,313	2,943,741	3,028,690	2,970,579	3,392,150	3,519,390	3,776,084	3,986,248	3,699,445	2,356,130	1,186,190	218,365	157,988	188,742	173,814	137,444	148,352	125,644	145,170	144,002	154,701	150,220	156,088	149,260	102,481	136,870	124,949	135,098	181,027	194,939	116,286	131,437	129,879	147,302	123,315	167,130	185,781	146,856	122,257	122,863	129,902	101,780	107,837
Free Cash Flow	-187,478	-139,194	-116,169	14,605	-202,418	-21,599	104,439	154,778	330,373	1,424,316	1,267,211	1,126,599	19,444	-28,405	-4,762	64,215	7,551	37,433	13,606	16,317	-1,892	47,680	56,186	107,488	-6,914	-57,476	-33,654	-	50,445	-66,465	-3,953	-2,080	30,600	-10,911	40,826	-80,365	-36,318	6,032	24,899	46,960	9,665	50,319	12,086	22,366
Investments	-210,686	-66,412	-75,403	-196,112	-53,104	-55,231	-46,571	-96,787	-95,813	-134,922	-123,719	-15,992	-49,937	-88,018	-37,267	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-74,977	-104,804	6,102	18,424	18,281	91,945	930,851	1,231,218	1,005,212	1,059,463	789,516	398,827	71,056	30,165	24,747	14,417	34,617	38,136	35,942	9,841	33,376	35,903	27,901	5,343	19,754	22,571	19,537	20,000	38,820	38,455	24,743	24,947	14,462	27,812	26,762	26,596	16,027	35,806	35,484	31,787	32,136	31,600	30,000	27,982
Other Cashflows From Financing Activities	-35,410	-62,052	2,699	-7,752	-33,992	-89,195	67,274	-27,119	-105,334	-57,351	9,788	-151,866	45,276	-1,413	24,939	-14,290	-19,136	-20,787	-1,601	25,696	-3,211	-3,254	-3,262	12,334	27,191	-9,178	24,374	-	-77,735	63,351	82,900	-2,212	-16,301	-6,688	-16,993	36,331	13,030	32,982	-4,370	-12,121	-2,694	685	-12,027	-10,288
Other Cashflows From Investing Activities	-	-	-	97,633	-	-	-	-2,843	-	-	-	-100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non Cash Items	-5,651	-95,585	-191	-82,086	-93,067	-160,332	-293,655	-419,278	97,744	284,514	186,015	60,493	34,687	6,200	20,226	39,501	7,680	19,614	14,610	3,814	-12,813	13,782	8,619	138,524	-34,928	-30,056	-29,036	-	-7,066	7,492	6,782	3,267	10,814	-3,231	8,003	5,675	-51,445	47,056	3,259	24,517	-10,618	12,623	-6,071	9,389
Sale Purchase Of Stock	0	-14,734	-14,734	-770	-41,407	0	0	0	-53,925	-110,413	-110,413	-58,105	-9,104	-8,799	-305	-7,710	-	-	-	0	-2	-15,134	-7,600	0	-7,776	-	-	-	-	-	-	-	-218	-	-	-	2,042	-3	-2,041	-	-2	-	-757	-1,282
Total Cash From Financing Activities	-145,093	-66,959	-54,013	-88,168	-233,344	-89,015	-354,581	-385,146	-135,454	-57,351	-100,625	-209,972	45,276	-10,212	24,634	-41,671	-19,135	-12,674	-30,493	6,027	-20,223	-46,136	-66,049	12,334	19,415	-22,604	10,949	-	-91,159	43,039	82,900	-20,339	-30,102	-6,688	-16,993	36,331	15,101	32,979	-16,825	-31,990	-16,753	-22,072	-18,708	-18,364
Total Cash From Operating Activities	23,208	-72,782	-40,766	308,350	-149,314	33,632	151,010	248,722	426,186	1,559,238	1,390,930	1,142,491	69,381	59,613	32,505	88,412	43,490	61,704	41,447	38,367	15,330	51,681	71,810	125,947	18,539	-32,689	8,965	-	46,958	19,396	15,933	16,683	53,309	13,847	71,046	19,511	34,914	26,907	22,303	59,081	30,640	66,562	15,253	51,132
Total Cashflows From Investing Activities	-	-141,815	-75,403	-351,018	-154,906	-101,802	-46,571	-451,241	-354,454	-258,641	-123,719	-191,214	-175,222	-125,285	-37,267	-112,248	-88,051	-	-	-	-	-	-	-	-	-	-	-	-	-86,000	-20,000	-	-	-	-	-	-	-	-	-	-	-	-	-

Income Statement

Currency in MYR. All numbers in thousands.

	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Cost Of Revenue	1,136,371	1,607,515	1,022,086	1,024,841	865,171	762,715	950,365	685,280	730,054	711,719	796,328	669,454	536,934	603,617	414,914	286,241
Depreciation And Amortization	137,372	90,802	74,582	45,078	41,844	41,300	-	27,939	26,692	24,356	24,091	26,039	31,941	28,855	19,915	12,955
Ebit	1,065,207	5,028,106	697,240	192,116	172,391	115,913	-	136,907	156,515	146,357	124,790	197,729	173,729	72,342	73,831	60,016
Ebitda	1,202,578	5,118,908	771,823	237,194	214,235	157,214	160,325	164,846	183,207	170,714	148,881	223,769	205,670	101,197	93,746	72,971
Gross Profit	1,550,856	5,556,671	1,109,722	513,316	439,289	364,164	599,164	319,104	318,097	285,655	225,029	307,827	266,699	208,207	159,346	114,084
Income Before Tax	1,059,501	5,019,993	680,163	172,408	161,894	107,939	152,355	128,293	148,157	137,306	112,132	183,835	151,470	51,998	58,550	47,338
Income Tax Expense	302,379	1,090,049	145,385	49,304	51,752	37,644	26,011	33,097	29,167	15,893	8,081	24,880	24,886	5,001	2,604	7,589
Interest Expense	5,705	8,113	17,077	19,708	13,985	13	0	0	0	0	0	0	0	0	0	0
Interest Income	5,705	8,113	17,077	19,708	7,986	208	1,024	-	-	-	-	-	-	-	-	-
Minority Interest	-38,217	-113,227	-9,983	9	-3,487	-	-	-	-	-	-	-	-	-	-	-
Net Income	718,905	3,816,718	524,795	123,112	106,655	67,204	126,965	95,642	119,716	121,718	104,164	158,940	126,585	46,997	55,946	39,749
Net Income Applicable To Common Shares	718,905	3,816,718	524,795	123,113	106,655	67,204	143,973	95,642	-	-	-	-	-	-	-	-
Net Income From Continuing Ops	757,122	3,929,944	534,778	123,103	110,142	70,294	-	-	-	-	-	-	-	-	-	-
Net Interest Income	-5,705	-8,113	-17,077	-19,708	-13,985	-11,065	-	-	-	-	-	-	-	-	-	-
Operating Income	1,065,207	5,028,106	697,240	192,116	175,879	107,731	146,726	126,653	139,009	122,677	89,807	155,458	131,710	70,070	54,983	40,477
Other Operating Expenses	1,547,074	2,149,106	1,439,785	1,351,570	1,134,580	1,019,148	906,469	877,731	909,142	874,697	931,551	821,823	671,922	741,754	519,277	359,848
Reconciled Depreciation	73,861	68,778	61,670	45,078	41,844	41,300	-	-	-	-	-	-	-	-	-	-
Selling General Administrative	171,747	190,415	136,058	65	65	65	168,990	64	64	64	58,608	50,165	49,172	58,880	42,998	27,160
Tax Provision	302,379	1,090,049	145,385	49,304	51,752	37,644	63,319	33,097	-	-	-	-	-	-	-	-
Total Operating Expenses	410,703	541,590	417,699	326,730	269,409	256,433	906,469	192,451	179,088	162,978	135,223	152,369	134,988	138,137	104,363	73,606
Total Other Income Expense Net	-5,705	-8,113	-17,077	-19,708	-13,985	-208	-5,629	-1,640	-9,148	-14,629	-22,326	-28,377	-19,760	18,072	-3,567	-6,861
Total Revenue	2,687,227	7,164,186	2,131,808	1,538,157	1,304,460	1,126,879	1,053,195	1,004,384	1,048,151	997,374	1,021,358	977,281	803,633	811,824	574,260	400,325

	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31
Cost Of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	190,000	247,000	262,000	201,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation And Amortization	-3,875	-3,033	-1,950	-64,562	1,352	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,522	6,264	5,768	5,802
Ebit	-69,429	-100,179	9,421	84,578	17,642	-	-	-	-	1,399,212	1,051,653	515,350	98,804	46,454	36,632	-	-	-	-	-	-	-	-	-	-	-	-	35,000	44,000	48,000	29,000	-	-	-	-	-	-	-	-	-	40,643	36,510	35,955	33,249
Ebitda	-73,304	-103,212	7,471	20,016	18,994	84,010	905,567	1,180,284	1,326,936	1,378,975	1,028,684	506,730	97,511	46,597	36,419	22,862	53,607	58,388	57,268	25,811	48,058	59,563	43,785	33,547	24,340	29,433	28,594	35,844	48,011	51,154	31,318	30,627	32,843	34,807	34,515	34,732	32,676	41,982	42,602	38,643	47,166	42,774	41,723	39,051
Gross Profit	175,742	174,785	247,964	300,226	407,799	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35,000	44,000	48,000	29,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Before Tax	-74,976	-104,805	6,103	18,424	18,280	91,946	930,851	1,231,217	1,342,294	1,397,240	1,049,242	510,614	95,277	41,829	32,443	15,999	49,416	54,317	52,676	23,444	45,454	57,634	40,655	33,572	20,894	26,985	26,488	33,484	46,263	48,327	29,538	28,227	31,513	32,381	32,259	32,140	31,061	40,526	39,802	36,767	39,470	33,836	33,295	30,706
Income Tax Expense	-31,183	5,574	1,575	97	2,470	35,288	264,524	215,785	319,967	317,540	236,757	103,167	22,928	11,807	7,483	2,548	14,453	15,596	16,707	11,957	11,363	20,335	12,561	24,501	1,605	4,863	6,675	13,214	7,978	9,983	4,582	3,468	17,051	4,874	5,339	5,833	15,486	4,077	4,930	4,674	7,687	2,236	3,290	2,680
Interest Expense	1,672	1,593	1,368	1,591	714	881	2,519	1,973	1,757	1,972	2,411	4,736	3,527	4,625	4,189	5,896	4,537	4,656	4,619	4,013	3,319	3,325	3,323	3,703	2,981	1,999	2,382	2,960	1,213	2,716	1,993	2,212	1,330	2,121	2,414	2,303	1,163	2,099	2,188	2,182	820	2,674	2,665	2,587
Interest Income	2,887	4,626	3,318	2,643	638	8,891	6,245	525	15,612	605	10,195	8,287	1,048	4,902	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Minority Interest	3,875	2,311	1,182	1,204	-2,801	-8,817	-27,803	-52,906	-17,115	-20,237	-22,969	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-43,793	-110,379	4,528	19,531	13,009	47,841	638,524	962,527	1,005,212	1,059,463	789,516	398,827	71,056	30,165	24,747	14,417	34,617	38,136	35,942	9,841	33,376	35,903	27,901	5,343	19,754	22,571	19,537	19,670	38,820	38,455	24,743	24,947	14,462	27,812	26,762	26,596	16,027	35,806	35,484	31,787	32,136	31,600	30,000	27,982
Net Income Applicable To Common Shares	-39,918	-108,068	5,710	19,531	13,009	47,841	638,524	962,527	1,005,212	1,059,463	789,516	398,827	71,056	30,165	24,747	14,418	34,617	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income From Continuing Ops	-43,793	-110,379	4,528	18,327	15,810	56,658	666,327	1,015,432	1,022,327	1,079,700	812,485	407,447	72,349	30,022	24,960	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Interest Income	-1,672	-1,593	-1,368	-1,591	-714	-881	-2,519	-1,973	-1,757	-1,972	-2,411	-4,736	-3,527	-4,625	-4,189	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	-69,429	-100,179	9,421	84,578	17,642	100,837	937,096	1,252,717	1,326,682	1,396,635	1,039,047	515,240	94,229	46,731	35,823	20,012	52,278	58,500	55,796	25,651	47,393	60,493	42,096	35,158	20,086	26,799	25,688	35,201	44,172	47,729	28,724	26,887	28,832	32,138	32,804	32,879	26,976	38,781	37,409	31,478	36,527	33,166	28,616	24,369
Other Operating Expenses	247,831	274,964	238,543	215,648	390,157	422,705	518,564	622,772	610,834	602,010	313,490	413,883	353,018	338,766	334,118	404,792	308,921	326,601	311,256	303,805	279,676	275,421	269,925	277,756	288,140	209,938	243,314	189,801	246,565	262,139	200,658	196,321	226,796	246,245	205,296	199,394	86,067	245,783	292,595	289,062	234,712	212,347	203,485	224,153
Reconciled Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,522	6,264	5,768	5,802
Tax Provision	-31,183	5,574	1,575	97	2,470	35,288	264,524	215,785	319,967	317,540	236,757	103,167	22,928	11,807	7,483	2,548	14,453	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	247,831	274,964	238,543	-920,723	390,157	422,705	518,564	-984,744	610,834	602,010	313,490	-608,203	353,018	338,766	334,118	-620,048	308,921	326,601	311,256	303,805	279,676	275,421	269,925	277,756	288,140	209,938	243,314	189,801	246,565	262,139	200,658	196,321	226,796	246,245	205,296	199,394	-643,987	245,783	292,595	289,062	-477,007	212,347	203,485	224,153
Total Other Income Expense Net	-5,547	-4,626	-3,318	-66,154	638	-8,891	-6,245	-21,500	15,612	-605	-10,195	4,626	-1,048	4,902	3,380	4,013	2,862	4,183	3,120	2,207	1,939	2,859	1,441	1,586	-808	-186	-800	1,717	-2,091	-598	-814	-1,340	-2,681	-243	545	739	-4,085	-1,745	-2,393	-5,289	-2,943	-670	-4,679	-6,337
Total Revenue	175,742	174,785	247,964	300,226	407,799	523,542	1,455,660	1,875,488	1,937,516	1,998,645	1,352,537	929,123	447,247	385,497	369,941	424,805	361,199	385,101	367,052	329,456	327,069	335,914	312,021	312,914	308,226	236,737	269,002	225,002	290,737	309,868	229,382	223,208	255,628	278,383	238,100	232,273	113,043	284,564	330,004	320,540	271,239	245,513	232,101	248,522

Latest Income Statement (annual, 2021-12-31)

Gross Profit (+$)
totalRevenue	2,687,227
Cost of Revenue	-1,136,371
Gross Profit	1,550,856	1,550,856

Operating Income (+$)
Gross Profit	1,550,856
Operating Expense	-410,703
Operating Income	1,065,207	1,140,153

Operating Expense (+$)
Research Development	-
Selling General Administrative	171,747
Selling And Marketing Expenses	-
Operating Expense	410,703	171,747

Net Interest Income (+$)
Interest Income	5,705
Interest Expense	-5,705
Other Finance Cost	-5,705
Net Interest Income	-5,705

Pretax Income (+$)
Operating Income	1,065,207
Net Interest Income	-5,705
Other Non-Operating Income Expenses	-
Income Before Tax (EBT)	1,059,501	1,070,912 EBIT - interestExpense = 1,059,501 1,021,284 724,611
Interest Expense	5,705
Earnings Before Interest and Taxes (EBIT)	1,065,207	1,065,207
Earnings Before Interest and Taxes (EBITDA)	1,202,578

After tax Income (+$)
Income Before Tax	1,059,501
Tax Provision	-302,379
Net Income From Continuing Ops	757,122	757,122
Net Income	718,905
Net Income Applicable To Common Shares	718,905

Non-recurring Events
Discontinued Operations	-
Extraordinary Items	-
Effect of Accounting Charges	-
Other Items	-
Non Recurring	-
Other Operating Expenses	1,547,074
Total Other Income/Expenses Net	-5,705	5,705

Technicals of Supermax Corporation Bhd

1. Trend Indicators

1.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Supermax Corporation Bhd Daily Moving Averages Chart

1.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of Supermax Corporation Bhd:

The Moving Average Convergence/Divergence (MACD) is 0.006. The Moving Average Convergence/Divergence (MACD) above zero is a bullish sign. +1
The MACD is lower than the signal line. This is a bearish indication. -1

Supermax Corporation Bhd Daily Moving Average Convergence/Divergence (MACD) Chart

1.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

The ADX helps you determine the strength of a trend. Let's take a look of the ADX of Supermax Corporation Bhd:

The ADX is 19.570. Not trending. -2
The ADX is declining, there is no upcoming trend indication. -1
The +DI is higher than the -DI. The current trend is up. +2

Supermax Corporation Bhd Daily Directional Movement Index (DMI) Chart

1.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

The Parabolic SAR is higher than the price. The current trend is down. -2

Supermax Corporation Bhd Daily Parabolic SAR Chart

2. Momentum Indicators

2.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

The RSI is below 50. -1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Supermax Corporation Bhd Daily Relative Strength Index (RSI) Chart

2.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

The Stochastic is below 50. -1
The Stochastic is below 30 and oversold. +2

Supermax Corporation Bhd Daily Stochastic Oscillator Chart

2.3 Commodity Channel Index (CCI)

Supermax Corporation Bhd Daily Commodity Channel Index (CCI) Chart

2.4 Chande Momentum Oscillator (CMO)

Supermax Corporation Bhd Daily Chande Momentum Oscillator (CMO) Chart

2.5 Williams %R

Supermax Corporation Bhd Daily Williams %R Chart

3. Volatility Indicators

3.1 Bollinger Bands

Supermax Corporation Bhd Daily Bollinger Bands Chart

3.2 Average True Range (ATR)

Supermax Corporation Bhd Daily Average True Range (ATR) Chart

4. Volume Indicators

4.1 On-Balance Volume (OBV)

Supermax Corporation Bhd Daily On-Balance Volume (OBV) Chart

4.2 Money Flow Index (MFI)

Supermax Corporation Bhd Daily Money Flow Index (MFI) Chart

5. Summary

5.1. Notifications

Type	Notification	Date
Currently no notifications for Supermax Corporation Bhd.

5.2. Trading Signals

Date	Indicator	Entry signal	Exit signal
2023-05-23	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-05-24	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2023-05-29	MACD	SHORT ENTRY	LONG CLOSE
2023-05-31	SAR	LONG ENTRY	SHORT CLOSE	price crossed sar to upside
2023-06-02	STOCH	LONG ENTRY	SHORT CLOSE	20 crossover to upside

5.2. Technical Score

Let's check the technical score of Supermax Corporation Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	45.634
Ma 20	Greater than	Ma 50	0.954
Ma 50	Greater than	Ma 100	0.940
Ma 100	Greater than	Ma 200	0.877
Open	Greater than	Close	0.945
Total			4/5 (80.0%)

Create your own Symbol Scanner

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Quick analysis of Supermax Corporation Bhd (30 sec.)

1. Valuation of Supermax Corporation Bhd (5 min.)

RM0.93

RM1.79

2. Growth of Supermax Corporation Bhd (5 min.)

Is Supermax Corporation Bhd growing?

How much money is Supermax Corporation Bhd making?

How much money comes from the company's main activities?

3. Financial Health of Supermax Corporation Bhd (5 min.)

4. Comparing to competitors in the Medical Instruments & Supplies industry (5 min.)

Industry Rankings (Medical Instruments & Supplies)

Fundamentals of Supermax Corporation Bhd

Financial Health

1.1. Profitability of Supermax Corporation Bhd.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Medical Instruments & Supplies)

1.1.2. Return on Assets

Trends

Compared to industry (Medical Instruments & Supplies)

1.1.3. Return on Equity

Trends

Compared to industry (Medical Instruments & Supplies)

1.2. Operating Efficiency of Supermax Corporation Bhd.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Medical Instruments & Supplies)

1.2.2. Operating Ratio

Trends

Compared to industry (Medical Instruments & Supplies)

1.3. Liquidity of Supermax Corporation Bhd.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Medical Instruments & Supplies)

1.3.2. Quick Ratio

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Compared to industry (Medical Instruments & Supplies)

1.4. Solvency of Supermax Corporation Bhd.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

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Compared to industry (Medical Instruments & Supplies)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Medical Instruments & Supplies)

2. Market Valuation of Supermax Corporation Bhd

2. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Medical Instruments & Supplies)

2.2. Price Earnings to Growth Ratio

Trends

Compared to industry (Medical Instruments & Supplies)

2. Book Value per Share

2.3. Price to Book Ratio

Trends

Compared to industry (Medical Instruments & Supplies)

Supermax Corporation Bhd
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